Trends | EdTech Money from Robin Hood

Despite the long-term
economic benefits of earning a college degree, many community college students, particularly those from low- and moderate-income families, do not make it to graduation. One significant reason is that they are underprepared for college-level work and must take remedial courses to improve their academic skills. Sadly, only 28% of these students graduate in 8.5 years. For those who drop out, college may only represent a waste of time, money, and effort.
The Robin Hood Foundation
, in partnership with
ideas42
, a nonprofit behavioral economics consulting firm and ideas lab, recently launched
The Robin Hood College Success Prize
to address this critical problem through innovative edtech solutions. Winners of the
The Robin Hood College Success Prize
will be determined through a three-year randomized controlled trial, implemented among students taking remedial courses at the City University of New York (CUNY). In addition to three prizes totaling $5 million…